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Exploring Successful Web3 Business Models with Community Ownership

Exploring Successful Web3 Business Models with Community Ownership

Photo: BlockTelegraph

Community ownership is reshaping how Web3 projects raise funds, reward contributors, and make decisions. This article examines models ranging from token-based governance and NFT auctions to renewable energy and supply-chain finance. Insights from experts in the field highlight what makes these approaches effective—and where their risks remain. The Ethereum Name Service (ENS) is a clear example. Token holders vote on how the protocol’s treasury is spent and how it changes, so the people who use ENS names also steer it. I am a marketing and software founder, not a Web3 operator, so I am describing the model from the outside.

Source: BlockTelegraph

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